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Price reduced for a quick sale ! Seller MOTIVATED ! - Excellent investment opportunity. Multifamily 14 units. 2 folios side-by-side, each folio zoned 08-Multifamily Less than 10 units. 4,700 Sq.ft under A/C. Recent improvements to the units 14 Parking spaces. All units are currently rented.
NET INCOME = $180,285
CAP RATE = 7.5%
Centrally located on Pembroke Road, close to I95 and 441. 20 minutes from the beach. 10 Minutes form Aventura mall, Downtown Hollywood. Mix of units: 11 Studios, 2 x 1 bed 1 Bath, 1 x 3 bed 2 bath Building 5010: 8 Units - 4,700 SqFt covered on a lot of 9,000 SqFt (75 x 120) Building 5018: 6 Units - 2,600 SqFt covered on a lot of 3,000 SqFt (25 x 120)
5010 Pembroke Rd
RBA: 4,627 SF
Land: .2 AC
5018 Pembroke Rd
RBA: 2,403 SF
Land: 0.07 AC